cash from operating activities is 762.1 million baht. This change was mainly due to outstanding amount of prepaid maintenance reserve fund awaiting for a reimbursement and liabilities increased from

activities increased cash flow in the amount of Baht 7,168.57 million. The reason was the operating result of year 2018 improved cash position by Baht 4,247.86 million, together with the change in operating

0.5% in domestic business. However, the domestic operation still showed a recovery quarter- on-quarter, with a growth of 4.7% from the 2Q/2019. Overseas sales were THB 1,780 million, increased by THB

summarized as follows: Consolidated FS Quarter 1/2019 Quarter 1/2020 Change MB. % MB. % MB. % Revenue from contracts with customers 1,943.6 70.9% 1,714.0 64.3% -229.6 -11.8% Interest income from loans from the

term, more stringent rules and regulations have been implemented. In response to regulatory changes and introduction of climate change risk management guidelines, businesses must bear increased costs in

this business of totaling Bt29mn, increased by 12% QoQ from the addition of The ESSE Sukhumvit 36. YoY and 9-month comparisons showed revenue decreases by 71% and 21%, as those of 3Q16 and 9M16

consideration and approval in accordance with the process required by the Private Investment in State Undertakings Act B.E.2556 (2013). Nevertheless, there would be a change in the aforementioned guidelines as

of 2020 Second quarter of 2019 Increased (Decreased) Amount % 1.1 Revenues from construction 1,771.93 MB 1,353.08 MB 418.85 MB 30.96 1.2 Cost of construction compared with revenue from construction

Page 1 of 7 Management Discussion and Analysis 1Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 1Q19 Total revenue of THB 3,000m, increased by 167% YoY. The

increased by 5% y-y, mainly due to the continual increase in credit card spending through online channels and marketing with business partners. In the first quarter of 2023, online credit card spending shared